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"With technology valuations significantly down and VC investment drying up, there is now a new opportunity for companies with a strong balance sheet and a growing business, like Securitize, to accelerate the digitization of finance and our role in driving it," Domingo told CryptoX. Source
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The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has granted financial services permission (FSP) to virtual assets firm M2 to operate a multilateral trading facility from the United Arab Emirates capital.In an Aug. 16 announcement, the Abu Dhabi-headquartered M2 said the regulatory approval would allow
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De.Fi representatives say zkSync Era users can revoke potential risks in real time from any zkSync-built token, NFT, or trading vault. The service claims to continuously scan and monitor over 30,000 smart contracts deployed on the zkSync Era blockchain for new threats and vulnerabilities in real time. Original Source
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“One of the greatest challenges when tokenizing RWAs is interfacing between TradFi and blockchain infrastructure. Backed solves this by leveraging Chainlink’s decentralized price feeds.” Backed’s tokenized real-world assets can now be accessed on BNB Chain, Arbitrum, Fantom, Avalanche, Gnosis, Polygon, and Ethereum, with more to come. Original Source
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FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and market makers within the Official Committee of Unsecured Creditors (UCC) who are aiming to gain authority over assets. They believe the UCC’s plan to invest nearly $2.6 billion in cash reserves in short-term
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“These licenses allow Binance to expand the products and services offered including options tailored to the needs of our customers in El Salvador," Daniel Acosta, general manager for Colombia, Central America and Caribbean at Binance, said in the statement. Source
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Congress, Not the SEC, Should Set U.S. Digital Asset Policy Source
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Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but without having to trust these traders as custodians.The app’s launch is initially taking place on the Abitrum and Optimism networks.
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The number of people buying crypto assets in Latvia is declining, Latvijas Banka said in its 2023 “Financial Stability Report."The central bank attributed the falling interest in crypto to negative sentiment linked to fraud and insolvency among major market participants, “unwise” investments that have already been made, crypto’s links to
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The Sultanate of Oman is inching closer to launching its own virtual asset regulations, with its financial markets regulator seeking public comments on its proposed regulatory framework governing digital assets, such as cryptocurrencies.The Capital Market Authority of Oman is currently in the process of drafting a comprehensive regime for the
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